UFO ETF Analysis: Procure Space | NASDAQ
Miscellaneous Sector | NASDAQ, USA | Market Cap: 542m USD | 12M Return: 4.9% | US74280R2058 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.82M
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Procure Space ETF (UFO) is a passively managed, non-diversified fund that tracks an index of global companies deriving at least 50% of their revenues or profits from space-related businesses. To remain compliant with its strategy, the fund commits at least 80% of its net assets to these constituents. The underlying index is designed to provide a benchmark for publicly traded companies engaged in space-related activities, including those utilizing satellite technology.
The space sector covered by the fund spans a range of business models, from satellite communications and earth observation to launch services and space exploration hardware. Satellite technology, in particular, underpins commercial applications such as broadband internet, GPS, and remote sensing, making it a central revenue driver for many index constituents. As a non-diversified fund, UFO concentrates exposure in a relatively narrow group of space-focused companies, which can amplify both upside potential and volatility relative to broader diversified ETFs.
- Satellite constellation rollouts fuel space company revenues
- Space Force budget growth lifts defense contractor margins
- Reusable launch technology reduces costs for operators
As of October 09, 2026, the stock is trading at USD 42.01 with a total of 557,200 shares traded. Over the past week, the price has changed by +0.14%, over one month by -5.25%, over three months by -11.87% and over the past year by +4.89%.
Current recommended Stop Loss: 40.70 (which is 3.1% or 1.2 ATR below the current price).
Procure Space has no consensus analysts rating.